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14 October 2024 | 9 replies
Hi all,I'm a new member of BP, but a long time follower.
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7 October 2024 | 4 replies
It appears I'll need a 1031 exchange to offset substantial capital gains.
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1 November 2024 | 30 replies
Anything under $600 is likely a single home that was converted to a duplex years ago and has a 1 bedroom unit.
1 November 2024 | 6 replies
It’s fantastic to see someone diving into a variety of strategies like wholesaling, flipping, and now the BRRR method.
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1 November 2024 | 3 replies
Hey All - One of my tenants ran a load of laundry and forgot to put the disscharge hose in the utility sink for when the wash drains.
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2 November 2024 | 0 replies
Days on Market (DOM) since Q3 of last year.Single-family residence values continue rising and are selling for nearly 9% more than last year - National average for home sale price increases is 4% since last year per one of BP's most recent podcasts.Multifamily properties in Queens have sold for a median price nearly 6% above last year, jumping from $1,058,000 in Q3 '24 to $1,120,000 in 2024.Lastly, despite inventory increases, the # of sold properties has declined when compared to last year.
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1 November 2024 | 0 replies
Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.This provision allows taxpayers to expense certain qualifying assets upfront instead of depreciating them over a period of years.However, there are several factors to consider when using this tax tool.Let’s break down how it works:What Is Section 179?
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31 October 2024 | 24 replies
Help people start and run a podcast.
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14 October 2024 | 4 replies
TP spends the most time on Property A of all the properties.
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1 November 2024 | 3 replies
Investing in real estate has always been a goal of mine, yet I find myself uncertain about how to begin.